SMH Capital Downgrades COG to Accumulate, ATPG to Neutral, RRC to Reduce
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An analyst at SMH Capital has downgraded several stocks in the Oil & Gas Operations sector, but these stocks are trading higher despite the lowered rating.
- Cabot Oil & Gas (NYSE: COG) from Buy to Accumulate with a $40 price target
- ATP Oil & Gas (Nasdaq: ATPG) from Accumulate to Neutral with a $14 price target
- Range Resources (NYSE: RRC) from Neutral to Reduce with a $40 price target
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